Showing Results for: property insurance

This is a sign our insurance crisis in Florida is recovering. Citizens, designed to be Floridian’s last resort insurer, is shrinking.

Homeowners up and down Southwest Florida are living in fear of being priced out of their homes, and now Citizens Property Insurance wants to jack up its rates.

April 12, 2024 The Honorable Sheldon Whitehouse, ChairmanSenate Committee on the Budget530 Hart Senate Office BuildingWashington, DC 20510-6100 Dear Chairman Whitehouse, I am in receipt of your March 18, 2024, correspondence regarding our ongoing communications concerning the Florida property insurance market and Citizens Property Insurance Corporation’s ability to protect its policyholders in its role as […]

Premiums have tripled in the past five years, making homeownership an increasingly unaffordable option for people living in southwest Florida.

Homeowners feel like they’re caught in a storm of rising insurance costs and soaring premiums.

The Florida Senate has proceeded to move forward on several pieces of legislation designed to reduce the cost of homeowners’ insurance premiums.

People insured with Citizens Insurance will have a decision to make, stick with their current coverage with Citizens or transfer to a private insurer.

496 days after Hurricane Ian, Elaine and Michael Damiano have not received the money they believe they are entitled to—under their policy—for repairing their home.

Chances are, many of you have Citizens Property Insurance. It’s the largest property insurer in the state, but that wasn’t the goal when it came into existence in the 90s. The insurer was supposed to be a last resort, but that’s not the case anymore. In fact, Citizens Insurance has nearly 1.2 million policyholders, which […]

With property insurance costs skyrocketing and coverage dwindling, you may wonder if it’s worth the money.